Car Insurance

How long does a insurance company have to pay for a stolen car in california?

Answer
Doi guidelines state within 10 days of receiving proof of loss. in the case of a stolen vehicle, you are required to provide an affidavit of theft, both in writing as well as recorded statement if the insurance company asks for a recorded statement, a police report and/or reco theft report, your finance company contact info & account number, as well as any records/receipts for the vehicle proving the condition of the vehicle as well as the mileage. if any of these items are missing this will delay your claim. also, the insurance company must notify you in writing e 30 days if they are unable to settle your claim and tell you why. for example, if they are in need of documents they have asked you for and you have not provided them...this is cause for the delay. so whatever it is the insurance company needs...give it to them.

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